Florida 2-20 Questions And Correct Verified Answers

FLORIDA 2-20 QUESTIONS AND CORRECT
VERIFIED ANSWERS
B.A2AA2generalA2linesA2agentA2orA2aA2generalA2linesA2insuranceA2agencyA2-A2Ans--
WhoA2mayA2appointA2aA2CustomerA2Representative?
SelectA2one:
A.A2AA2surplusA2linesA2agentA2holdingA2aA2generalA2linesA2licenseA2andA2aA2surplusA2linesA
2licenseA2
B.A2AA2generalA2linesA2agentA2orA2aA2generalA2linesA2insuranceA2agencyA2
C.A2AnA2adjusterA2
D.A2AnA2insuranceA2company

D.A2AfterA290A2daysA2inA2FloridaA2-A2Ans--
Mr.A2SmithA2livesA2inA2NewA2JerseyA2butA2visitsA2FloridaA2eachA2year.A2WhenA2doesA2heA2
comeA2underA2theA2FloridaA2No-FaultA2system,A2inA2anyA2365-dayA2period?
SelectA2one:
A.A2AfterA260A2daysA2inA2FloridaA2
B.A2AfterA230A2daysA2inA2FloridaA2
C.A2AfterA214A2daysA2inA2FloridaA2
D.A2AfterA290A2daysA2inA2Florida

A.A2AA2flatA2amountA2perA2dayA2forA2hospitalA2roomA2andA2boardA2-A2Ans--
AA2HospitalA2IndemnityA2PolicyA2coversA2whichA2ofA2theA2followingA2expenses?
SelectA2one:
A.A2AA2flatA2amountA2perA2dayA2forA2hospitalA2roomA2andA2boardA2
B.A2NursingA2careA2inA2theA2insured'sA2homeA2
C.A2MedicalA2suppliesA2
D.A2SurgicalA2feesA2incurredA2inA2theA2hospital

D.A2$400A2-A2Ans--
UnderA2theA2GaragekeepersA2coverage,A2SectionA2IIIA2ofA2theA2GarageA2policy,A2theA2ins
uredA2suffersA2aA2singleA2vandalismA2lossA2toA2nineA2(9)A2vehiclesA2belongingA2toA2custom
ers.A2DamageA2isA2$100A2perA2vehicle.A2HowA2muchA2willA2theA2policyA2pay?
SelectA2one:
A.A2$500A2
B.A2$900A2
C.A2NothingA2
D.A2$400

A.A2NoA2coverageA2-A2Ans--
Bob,A2anA2accountantA2ofA2XYZ,A2drivesA2hisA2ownA2carA2toA2theA2bankA2toA2makeA2aA2dep
ositA2forA2XYZ.A2BobA2hasA2anA2at-
faultA2accident.A2IfA2XYZA2carriesA2$1,000,000A2BodilyA2Injury/
PropertyA2DamageA2coverageA2withA2aA2SymbolA22A2forA2coveredA2autos,A2andA2BobA2car
riesA2noA2insurance,A2howA2muchA2coverageA2isA2applicableA2forA2XYZ?

,SelectA2one:
A.A2NoA2coverageA2
B.A2$10,000/$20,000A2BodilyA2InjuryA2andA2$10,000A2PropertyA2DamageA2
C.A2$1,000,000A2
D.A2$500,000

A.A2AllA2ofA2theseA2answersA2areA2correctA2-A2Ans--
UnlessA2properlyA2licensedA2anA2generalA2linesA2agentA2cannot
SelectA2one:
A.A2AllA2ofA2theseA2answersA2areA2correctA2
B.A2ReceiveA2anyA2moneyA2onA2accountA2forA2anyA2insurerA2orA2receiveA2moneyA2toA2beA2t
ransmittedA2toA2anA2insurerA2forA2aA2policy,A2renewal,A2endorsementA2orA2certificateA2
C.A2SolicitA2insuranceA2orA2procureA2applicationsA2forA2insuranceA2
D.A2DirectlyA2orA2indirectlyA2representA2himselfA2orA2herselfA2toA2beA2anA2agentA2orA2receiv
e,A2deliverA2orA2forwardA2anyA2insuranceA2policyA2withinA2theA2state

D.A2VandalismA2-A2Ans--
AtA2theA2timeA2ofA2aA2loss,A2itA2isA2foundA2thatA2theA2coveredA2buildingA2hadA2beenA2vacan
tA2forA2theA2periodA2ofA275A2consecutiveA2daysA2immediatelyA2precedingA2theA2loss.A2Whic
hA2ofA2theA2followingA2perilsA2wouldA2notA2beA2covered?
SelectA2one:
A.A2AllA2ofA2theseA2answersA2areA2correctA2
B.A2WindstormA2
C.A2FireA2
D.A2Vandalism

A.A2TheA2propertyA2ofA2aA2guestA2anywhereA2inA2theA2worldA2-A2Ans--
Homeowner'sA2CoverageA2CA2-
A2PersonalA2PropertyA2coversA2eachA2ofA2theA2followingA2situationsA2except?
SelectA2one:
A.A2TheA2propertyA2ofA2aA2guestA2anywhereA2inA2theA2worldA2
B.A2TheA2insured'sA2personalA2propertyA2whileA2inA2MexicoA2atA2aA2secondaryA2dwellingA2
C.A2AA2residentA2employee'sA2contentsA2atA2theA2insured'sA2dwellingA2
D.A2TheA2propertyA2ofA2othersA2whileA2locatedA2atA2theA2insured'sA2dwellingA2atA2theA2insur
ed'sA2request

D.A2PropertyA2ownedA2byA2anotherA2inA2theA2careA2ofA2theA2insuredA2wasA2damagedA2inA2
anA2accidentA2toA2anA2insuredA2object,A2resultingA2inA2aA2claimA2byA2theA2ownerA2ofA2theA2
propertyA2-A2Ans--
UnderA2aA2basicA2BoilerA2andA2MachineryA2Form,A2withA2noA2specialA2endorsements,A2wh
ichA2ofA2theA2followingA2lossesA2wouldA2beA2covered?A2
SelectA2one:
A.A2TheA2insuredA2suffersA2lossA2ofA2incomeA2followingA2anA2accidentA2toA2aA2coveredA2ob
jectA2
B.A2DuringA2anA2accidentA2involvingA2aA2coveredA2object,A2aA2visitorA2onA2theA2insured'sA2
premisesA2suffersA2injuriesA2andA2suedA2theA2insuredA2

, C.A2DuringA2testing,A2afterA2someA2repairs,A2aA2boilerA2hadA2aA2suddenA2breakdownA2
D.A2PropertyA2ownedA2byA2anotherA2inA2theA2careA2ofA2theA2insuredA2wasA2damagedA2inA2
anA2accidentA2toA2anA2insuredA2object,A2resultingA2inA2aA2claimA2byA2theA2ownerA2ofA2theA2
property

C.A290A2daysA2-A2Ans--
TheA2Homeowner's,A2HO3A2policyA2willA2provideA2coverageA2forA2aA2studentA2awayA2atA2c
ollegeA2asA2longA2asA2theA2student'sA2premisesA2wasA2notA2unoccupiedA2moreA2thanA2how
A2manyA2daysA2priorA2toA2theA2loss?
SelectA2one:
A.A260A2daysA2
B.A230A2daysA2
C.A290A2daysA2
D.A245A2days

C.A2TheA2policyA2isA2returnableA2withinA2oneA2yearA2forA2fullA2premiumA2refundA2-A2Ans--
FloridaA2StatutesA2establishA2standards,A2whichA2mustA2beA2metA2byA2MedicareA2Supple
mentA2insurance.A2WhichA2ofA2theA2followingA2isA2notA2aA2standard?
SelectA2one:
A.A2TheA2policyA2mayA2notA2limitA2coverageA2forA2moreA2thanA26A2monthsA2becauseA2ofA2a
A2pre-existingA2healthA2conditionA2
B.A2PoliciesA2mustA2beA2writtenA2inA2understandableA2languageA2
C.A2TheA2policyA2isA2returnableA2withinA2oneA2yearA2forA2fullA2premiumA2refundA2
D.A2TheA2policyA2mustA2beA2accompaniedA2byA2anA2outlineA2ofA2coverageA2andA2aA2Medic
areA2SupplementA2Buyer'sA2Guide

D.A2AA2mother-in-lawA2whoA2givesA2cashA2asA2aA2giftA2-A2Ans--
WhichA2ofA2theA2followingA2doesA2notA2haveA2anA2insurableA2interestA2inA2aA2property?
SelectA2one:
A.A2AA2mortgageA2companyA2
B.A2AA2friendA2whoA2purchasedA2insuranceA2inA2hisA2ownA2nameA2becauseA2theA2ownerA2r
efusesA2toA2buyA2insuranceA2
C.A2TheA2sonA2ofA2ownerA2whoA2expectsA2toA2inheritA2propertyA2
D.A2AA2mother-in-lawA2whoA2givesA2cashA2asA2aA2gift

B.A2AllA2ofA2theseA2answersA2areA2correctA2-A2Ans--
WhatA2areA2possibleA2consequencesA2forA2aidingA2andA2abettingA2anA2unauthorizedA2insu
rer?
SelectA2one:
A.A2ConvictionA2ofA2aA2third-degreeA2felonyA2
B.A2AllA2ofA2theseA2answersA2areA2correctA2
C.A2SubjectA2toA2suspensionA2orA2revocationA2ofA2allA2insuranceA2licensesA2
D.A2LiabilityA2forA2allA2unpaidA2claimsA2ofA2theA2unauthorizedA2insurer

D.A2ReplacementA2costA2lessA2physicalA2depreciationA2-A2Ans--
ActualA2CashA2ValueA2isA2bestA2definedA2as: